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2010-11-19

LANXESS India supports school in Mehtawas, Nagda

LANXESS India, the Indian subsidiary of the specialty chemicals company LANXESS Deutschland GmbH, has supported the Government managed school Shaskiya Prathmik Vidyalaya located in Mehtawas village at Nagda in order to make a meaningful difference to the 125 odd students studying there. LANXESS India in its initiative has improved the infrastructure of this school in addition to donating essential items to the students. In order to encourage education amongst the local population, the company has also provided scholarships to the meritorious students of every class. A sum of close to three lakhs has been dedicated for this cause by LANXESS.

Through this initiative, LANXESS would be able to improve the quality of education of the children of this school, who mostly belong to the underprivileged section of the society.

Being a responsible corporate citizen, LANXESS India has previously partnered with NGOs, technical institutions and schools to promote education in every region that it operates in. LANXESS firmly believes in its “Good for business, good for society” approach towards doing business as that also leads to sustainable development which is a core value of LANXESS.

Present on this occasion, in the small function organised at the school were Mr Neelanjan Banerjee, Director of LANXESS India, Mr Bappa Bandyopadhyay, Head of Manufacturing of LANXESS in Nagda along with other employees of LANXESS and dignitaries from the local administration like Mrs Shobha Gopal Yadav, Chairperson, Nagda Municipality, Mr. Satish Venu, City Superindent of Police, Nagda, Mrs. Babita Raghuvanshi, Chairman of Education Committee, Nagda Municipality, Mr. Mahesh Agarwal, Corporator, Mehtwas and Mr. Devendra Kumar Dave, Education Officer, Nagda.

On this occasion, Mr. Neelanjan Banerjee, Director of LANXESS India said, “It is our pleasure to be able to help the young children of the school. At LANXESS, we have always endeavored to contribute positively to the lives of the people and environment in Nagda and would continue to do so.”

Ms Shobha Yadav said that “I would like to congratulate Mr. Banerjee and LANXESS Management for their commendable job in promoting education in Nagda. This initiative by LANXESS has improved the condition of the school. Shaskiya Prathmik Vidyalaya has completed 50 years of existence. She also announced that this school would be upgraded into a High School from next year.”

Forward-Looking Statements

This news release contains forward-looking statements based on current assumptions and forecasts made by LANXESS AG management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

LANXESS is a leading specialty chemicals company with sales of EUR 5.06 billion in 2009 and currently around 14,500 employees in 23 countries. The company is represented at 42 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.

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